Category: Economy and markets
TEDPIX gains 26,500 points on Tuesday_thumbnail

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), rose 26,569 points to 1.281 million on Tuesday. Over 7.356 billion securities worth 60.777 trillion rials (about $1.447 billion) were traded at the TSE on Tuesday. The first market’s index rose 21,708 points, and the second market’s index climbed 46,019 points. TEDPIX rose 43,000 points […]

Industry minister inaugurates 5 major projects in Khorasan Razavi_thumbnail

TEHRAN –Iranian Industry, Mining, and Trade Minister Alireza Razm Hosseini inaugurated and commenced five major industrial projects in northeastern Khorasan Razavi Province during a two-day visit to the province on Saturday and Sunday, IRNA reported. Razm Hosseini who arrived in the mentioned province on Saturday inaugurated a washing machine production line, a tile and ceramic […]

Removing barriers to bilateral trade discussed between Iran, Armenia_thumbnail

TEHRAN- During a meeting between Iranian commercial attaché in Yerevan and Armenian Customs Authorities, the two sides explored the ways to remove the obstacles to boosting bilateral trade between Iran and Armenia. As reported by Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), during the meeting it was emphasized on the reform of some […]

Projects worth over $3b underway in industrial parks, zones_thumbnail

TEHRAN – Head of Iran Small Industries and Industrial Parks Organization (ISIPO) has said 428 development projects worth 129 trillion rials (about $3 billion) are currently underway in the country’s industrial parks and zones. “Currently, 3,212 production units based in industrial parks and zones are installing machinery and have a physical progress of more than […]

No worries over supply of basic, strategic goods: Rouhani_thumbnail

TEHRAN – Iranian President Hassan Rouhani said on Sunday that enough basic and strategic goods have been produced and imported into the country and there are no worries over the supply of such commodities, Mehr News Agency reported. “Basic and essential goods have been sufficiently produced and imported, and by solving supply and clearance problems, […]

TEDPIX loses 10,900 points on Saturday_thumbnail

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 10,923 points to 1.246 million on Saturday, which is the first day of Iranian calendar week. Over 6.946 billion securities worth 54.142 trillion rials (about $1.289 billion) were traded at the TSE on Saturday. The first market’s index dropped 11,752 points, and the second […]

3,500 kilometers of roads in rural areas to be asphalted by next March_thumbnail

TEHRAN- The head of Iran’s Road Maintenance and Transportation Organization (RMTO) announced that 3,500 kilometers of roads in the country’s rural regions will be asphalted under the framework of “Abrar Plan” by the end of the current Iranian calendar year (March 20, 2022). Dariyush Amani said that according to the mentioned plan, projects with a […]

TEDPIX drops 5,400 points on Tuesday_thumbnail

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), dropped 5,432 points to 1.14 million on Tuesday. As reported, over 5.744 billion securities worth 41.754 trillion rials (about $994 million) were traded at the TSE on Tuesday. The first market’s index fell 5,533 points, and the second market’s index dropped 5,649 points. TEDPIX lost […]

Annual exports of polymer products exceed $1.3b_thumbnail

TEHRAN – Iran exported over $1.31 billion worth of polymer products in the previous Iranian calendar year (ended on March 20), according to the chairman of the Export Committee of Iran National Plastic and Polymer Industries Association. Speaking at an international conference on promoting polymer products exports in Tehran on Monday, Masoud Jamali said: “We […]

Monthly steel products export up 215% year on year_thumbnail

TEHRAN- Iran’s export of steel products increased 215 percent during the first month of the current Iranian calendar year (March 21-April 21), as compared to the same period of time in the past year. As reported by the Industry, Mining, and Trade Ministry, 265,000 tons of steel products were exported during the mentioned month of […]

Production by major automakers exceeds 118,500 in 2 months_thumbnail

TEHRAN – Three major Iranian carmakers, namely Iran Khodro Company (IKCO), SAIPA Group, and Pars Khodro, manufactured 118,546 vehicles during the first two months of the current Iranian calendar year (March 21-May 21), the data released by Codal website showed. According to the data, the production by the mentioned companies has increased by 1.1 percent […]

Agritourism development high on agenda for Iran ministry of tourism  _thumbnail

TEHRAN – The development of agritourism is high on the agenda for the Ministry of Cultural Heritage, Tourism, and Handicrafts, the deputy minister said on Thursday. The implementation of agricultural tourism projects and sustainable management in the realm of agritourism has provided an opportunity for the presentation of tourism products, Vali Teymouri added. Tourism and […]

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